Australian regulator reduces audit requirements for low risk plantation projects

Published 04:31 on September 2, 2024  /  Last updated at 04:44 on September 2, 2024  / /  Asia Pacific, Australia

Australia’s Clean Energy Regulator has announced it is lowering audit requirements for low-risk, small scale plantation forestry projects.

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Australian agriculture giant announces carbon partnerships with farmers

Published 10:28 on August 30, 2024  /  Last updated at 10:28 on August 30, 2024  / /  Asia Pacific, Australia, Voluntary

An Australian agriculture giant and real estate company has announced a carbon partnership this week that aims to assist local farmers develop projects.

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South Australia ringfences over A$11 mln to support nature restoration on private lands

Published 15:23 on August 29, 2024  /  Last updated at 15:23 on August 29, 2024  / /  Australia, Biodiversity

South Australia has announced the allocation of A$11.4 million ($8 mln) in grants to help landowners enhance and protect nature within their properties.

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Australia a ‘hotspot’ for SAF feedstock, but will struggle to keep it onshore, senate committee hears

Published 09:57 on August 29, 2024  /  Last updated at 09:57 on August 29, 2024  / /  Asia Pacific, Australia, Aviation/CORSIA

Australia will struggle to keep sustainable aviation fuel (SAF) it produces onshore without government procurement or mandates, a senate committee on the Future Made in Australia legislation heard Thursday.

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Plantation carbon developer charts course on ACCU projects, pays special dividend on back of success

Published 09:02 on August 29, 2024  /  Last updated at 02:01 on August 30, 2024  / /  Asia Pacific, Australia

An Australian wood chip processor and woodfibre exporter turned carbon developer outlined its market plans Thursday, suggesting strong rewards from a tightening compliance market and large upside to its particular Australian Carbon Credit Units (ACCUs).

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Australia Market Roundup: Regulator issues around 650,000 ACCUs, ASX ACCU futures quiet

Published 07:19 on August 29, 2024  /  Last updated at 07:19 on August 29, 2024  / /  Asia Pacific, Australia

The Clean Energy Regulator (CER) has issued just under 650,000 Australian Carbon Credit Units (ACCUs) in its latest update, as the Australian side of the ASX futures contract for carbon credits remains largely nascent, one month since it was launched.

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Australian miner says committed to ‘real zero’ by 2030, shuns offsets

Published 10:42 on August 28, 2024  /  Last updated at 10:42 on August 28, 2024  / /  Asia Pacific, Australia, Voluntary

Fortescue, one of Australia’s iron ore giants, used Wednesday’s full year financial results presentation to underline its plans to hit zero emissions for Scopes 1 and 2 by the end of this decade despite its diesel-heavy carbon footprint.

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Australian supermarket giant commits to SBTi deforestation targets

Published 09:05 on August 28, 2024  /  Last updated at 09:05 on August 28, 2024  / /  Australia, Biodiversity

Australian supermarket giant Woolworths Group will stop selling beef and other commodities linked to deforestation by the end of next year, in accordance with Science-based Targets Initiative (SBTi) guidance, it said on Wednesday.

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ACCU Scheme reforms well underway, but needed legislative changes still in the works, govt says

Published 03:27 on August 28, 2024  /  Last updated at 03:27 on August 28, 2024  / /  Asia Pacific, Australia

The Australian government has said its work to strengthen the integrity of the country’s carbon crediting scheme is well in hand in its response to both the 2023 and 2020 review of the market by the Climate Change Authority (CCA).

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Australia bets on SAF to decarbonise crucial aviation industry

Published 13:27 on August 27, 2024  /  Last updated at 13:27 on August 27, 2024  / /  Asia Pacific, Australia, Aviation/CORSIA, International

Australia plans to decarbonise its aviation industry in coming years, both domestically and internationally, but government support will be needed to drive the uptake of sustainable aviation fuel (SAF), according to a government white paper released on Monday.

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